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XRP's potential to reach $3.60 following a bullish retest being evaluated...

XRP's price takes another shot at a bullish breakout, as various bullish patterns emerge. Experts predict a 12% increase, with a target of $3.60.

XRP prices potential to reach $3.60 following a bullish retest is under review...
XRP prices potential to reach $3.60 following a bullish retest is under review...

XRP's potential to reach $3.60 following a bullish retest being evaluated...

Ripple (XRP), the third-largest cryptocurrency by market capitalization, is experiencing a cautiously optimistic outlook, with multiple sources predicting its price hovering around or slightly above $3.50 in the near to mid-term.

Price Targets Around $3.67

Machine learning and technical analyses forecast XRP fluctuating between approximately $3.12 and $3.58 for 2025. Some conservative forecasts estimate $3.12 by August 31, 2025, while other expert forecasts suggest $3.51 as an average for 2025.

Technical Patterns and Momentum

Recently, XRP broke above a key long-term resistance channel around the $3.00-$3.25 level, with further breakout potential toward $3.50 and beyond. Technical indicators such as bullish MACD crossover and optimistic RSI figures support momentum's continuation. However, XRP is currently trading within or near a descending triangle—a bearish pattern—posing downside risks if support near $3.00 fails.

On-chain Metrics and Institutional Activity

Significant accumulation by large institutional wallets and whales in recent months indicates growing confidence in XRP's valuation. On-chain data show billions of XRP being added to institutional holdings, which can provide a bullish backbone for price increases.

Expert Bold Predictions and Wider Targets

More bullish expert predictions expect XRP to surge beyond $3.67, with some targeting $4.47 (Peter Brandt), $5.00-$5.50 (institutional estimates), or even higher Fibonacci extension targets near $5.53 within 2025.

Potential Risks

Prior spikes to similar profit levels have preceded significant corrections. XRP holders have experienced crashes after approaching these levels in 2018 and 2021, suggesting price caution is warranted despite bullish setups. The ongoing competitive landscape, including challengers like Remittix, could also impact long-term valuation dynamics.

Current Market Conditions

At press time, XRP is facing resistance at the $3.29 level. However, the Supertrend indicator for XRP is green and positioned below the current price, signalling an active uptrend with strong buying pressure and bullish dominance. The outflow of XRP tokens from exchanges suggests potential accumulation by investors and long-term holders.

Ripple [XRP] has experienced a 5% price increase, and the 24-hour Trading Volume of XRP has increased by 15%. These positions are getting liquidated as the price of XRP continues to rise. XRP has turned bullish following the breakout and retest of a bullish flag-and-pole pattern on the four-hour chart. This level also resembles the neckline of an inverted head-and-shoulders pattern that XRP has formed on the same chart.

In summary, while $3.67 is a realistic and reachable price point for XRP in the near to mid-term according to a mix of technical, on-chain, and expert analyses, the outlook also includes the possibility of higher targets up to $5 or beyond if positive momentum and institutional demand persist. However, some caution is advised due to historical volatility patterns and bearish technical signals that could trigger corrections.

[1] Data Source: CoinGlass [2] Data Source: Coinglass [3] Data Source: TradingView [4] Data Source: CoinMarketCap [5] Data Source: InvestingCube

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